Tuesday, 20/04/2021 17:42 (GMT+7)
Hanoi set a target of attracting 30-40 billion USD of foreign direct investment (FDI) during the 2021-2025 period, equivalent to 6-8 billion USD a year; about 20-30 billion USD of implemented capital, equivalent to 4-6 billion USD a year.
Hanoi set a target of attracting 30-40 billion USD of foreign direct investment (FDI) during the 2021-2025 period. (Photo: hanoimoi.com.vn)
On April 19, Chairman of the Hanoi People’s Committee Chu Ngoc Anh worked with the city Department of Planning and Investment on implementing tasks in the first three months of the year and key missions for the near future.
Deputy Director of the municipal Department of Planning and Investment Vu Duy Tuan said during the 2016-2020 period, the city attracted 3,113 foreign-funded projects worth 26.5 billion USD, 4.2 times higher than the capital recorded in the previous five-year period.
So far, among 33 key projects, 11 have been completed in line with plans, 15 are under construction, and 12 are about to begin.
Meanwhile, as of March 31, there were 2,907 projects worth 1.65 quadrillion VND (71.52 billion USD) not funded by the local budget. Of these, 967 have been completed and 182 had stopped or had their licences revoked.
At the event, Chairman of the Hanoi People’s Committee Chu Ngoc Anh said, in the 2021-2025 period, Hanoi will carry out a very heavy workload. Therefore, the effective implementation of the tasks in 2021 will create an important premise for the coming years and for the whole term.
He asked the department to follow the city’s goals and working programs to actively issue related plans or make proposals to local authorities.
The department was urged to quickly review the local list of key projects and suggest new ones for the 2021-2025 period, adding that the proposed projects ought to be helpful in boosting the city’s socio-economic growth and also prove feasible./.
BTA